Soaring energy costs are pushing government debt higher, according to official data The British government borrowed a record £22 billion ($27 billion) in November, the highest monthly figure since records started in 1993, the Office for National Statistics (ONS) has revealed. According to its report on Wednesday, the figure is £13.9 billion more than the same month in 2021, as the country has been hit by soaring natural gas prices that have forced the government to subsidize heating and electricity costs for millions of households and businesses. The ONS data showed that public sector net borrowing (excluding bank
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